NBFC
Finance
New York-based fund close to investing in Pune NBFC Electronica Finance
Electronica Finance Ltd, a Pune-based non-banking financial company, is in the late stages of raising its first external equity...
Finance
Multiples PE-backed APAC looks for acquisitions to boost growth
APAC Financial Services Pvt. Ltd, which is promoted by former Deutsche Bank Asia-Pacific chief Gunit Chadha, is scouting for potential...
Finance
Centrum mulls bumping up unsecured lending portfolio with personal loans
Centrum is considering expanding its unsecured lending portfolio, currently consisting of microfinance, by launching personal...
TMT
LoanTap kicks off Series B funding round led by Avaana, Shunwei, India Quotient
Digital lending platform LoanTap, which offers loans and overdraft products to salaried professionals, has begun its Series B...
Finance
Reliance Capital to exit lending business, shares hit two-decade low
Indian financial services company Reliance Capital Ltd will exit the lending business, group Chairman Anil Ambani said on Monday,...
Finance
Sachin Bansal buys Chaitanya Rural in biggest bet since leaving Flipkart
Flipkart co-founder Sachin Bansal has acquired Chaitanya Rural Intermediation Development Services Pvt. Ltd, striking his biggest...
Finance
SME lender Aye Finance raises debt funding worth $11 mn
Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google's venture capital arm CapitalG, said it...
General
Grapevine: CVC, Carlyle eye stake in Shriram Capital; Steadview may bet on Vogo
British private equity firm CVC Capital Partners and the US-based Carlyle could make the shortlist of candidates for Piramal Enterprises...
Finance
Singapore fintech firm oCap invests in Chennai NBFC for India expansion
Singapore-based fintech firm oCap Management Pte Ltd has picked up a minority stake in a Chennai-based non-banking financial company...
Finance
Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round
Online peer-to-peer lending platform LenDenClub has raised $1 million (approximately Rs 7.16 crore at current exchange rates)...
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